Broker: DBS Bank
Date of Report: 22 April 2026
Excerpt from DBS Bank report.
Report Summary
- Actionable Highlights: DBS identifies four key ETFs for exposure to the renewables and clean energy transition theme:
- iShares Global Clean Energy UCITS ETF (INRG SW): The largest and most diversified clean energy ETF globally (AUM: USD 3.2bn). Suitable as a core global allocation for energy transition exposure. Focus on electric utilities and renewable energy companies. Call to action: Consider as a core holding for broad, global clean energy exposure.
- Invesco WilderHill Clean Energy ETF (PBW US): US-focused, equal-weighted, small-cap tilted strategy (AUM: USD 464m). High exposure to innovation but higher volatility. Call to action: Use for greater upside participation in clean energy innovation cycles.
- First Trust NASDAQ Clean Edge Green Energy ETF (QCLN US): US-focused, meaningful technology weight (AUM: USD 633m), with exposure to solar, batteries, EVs, and semiconductors. Call to action: Consider for investors seeking technology-driven clean energy growth.
- ALPS Clean Energy ETF (ACES US): North America-focused, more concentrated portfolio (AUM: USD 124m), spanning renewables, storage, EVs, and grid. Call to action: Use for pure-play North American energy transition exposure.
- Key Ideas:
- Renewables benefit from heightened energy security concerns and rising AI/data centre power demand.
- Falling generation costs and increasing battery storage reinforce long-term competitiveness of renewables.
- Geopolitical risks can accelerate renewables adoption.
- No explicit target prices or BUY/SELL calls provided. The report focuses on ETF selection for thematic exposure, not individual stock recommendations.
- Action for investors: Allocate to one or a mix of the highlighted ETFs for diversified, global, or innovation-led exposure to the secular clean energy transition theme.
above is an excerpt from a report by DBS Bank. Clients of DBS Bank can be the first to access the full report from the DBS Bank website : https://www.dbs.com
